Zillah July 13, 2023: Current Sales Data Insights
Welcome to our latest update on the Zillah real estate market. As of July 13, 2023, we bring you a comparative analysis of the sales data for the current month, the previous month, and data collected over the past 180 days.
Exploring Zillah’s Real Estate: Single-Family Homes, Condominiums, Manufactured Homes, and Land Lots
The Zillah real estate market has experienced intriguing shifts over the reviewed periods. The total number of transactions, average sales price, median sales price, and the price per square foot for diverse properties provide us with a holistic view of the market.
| Period | Total Transactions | Average Sales Price | Median Sales Price | Average Price/sq ft | Median Price/sq ft |
|---|---|---|---|---|---|
| Current Month | 2 | $392,500 | $392,500 | $173.53 | $173.53 |
| Last Month | 5 | $330,400 | $350,000 | $231.29 | $229.62 |
| Past 180 Days | 361 | $336,504 | $292,500 | $195.99 | $188.61 |
Interpreting The Trends
The current month demonstrates an increase in the average and median sales prices compared to the previous month and the average of the past 180 days. This could be a result of a surge in demand or a reduction in supply, contributing to elevated prices. On the other hand, the total transactions have seen a dip, indicating a potential market tightening.
In contrast, the price per square foot in the current month is significantly lower than the last month and the past 180-day average. This might imply a preference for larger properties among buyers, which generally have a lower price per square foot.
Wrapping Up
Given the recent price hikes and fewer transactions, it appears that the Zillah market is in a phase of transition. Remember, these are just statistics – the actual decision to buy or sell should always be influenced by personal circumstances and thorough consultation with a real estate professional. We will continue to monitor these trends and provide you with the most current and comprehensive sales data.
